The USDJPY price bounced bearishly after approaching 145.36 level in the previous sessions, to keep the bearish trend scenario active for the upcoming period, which targets 142.15 as a next main station.
The EMA50 keeps pressing negatively on the price to support the continuation of the suggested bearish wave, which will remain valid unless breaching 145.36 and holding with a daily close above it.
The expected trading range for today is between 143.50 support and 145.10 resistance
Trend forecast: Bearish
Origin: Economies
